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HEAD TO HEAD

Upbit vs bitFlyer

Upbit edges it on the overall score.

Criterion by criterion

Criterion Upbit bitFlyer
Regulation 7.0 7.0
Fees 7.0 6.0
Platform 6.0 7.0
Support 6.0 6.0
Trader reviews 7.0 7.0
Trust score 6.6 6.6

The facts, side by side

  Upbit bitFlyer
Founded 2017 2014
Headquarters KR JP
Minimum deposit KRW 5,000 (about USD 3.53 at August 2026 rates) not disclosed
Maximum leverage not disclosed 2

Upbit: strongest points

  • KRW spot trading at 0.05% maker and taker, among the cheapest anywhere, with no volume tier needed
  • A BDO member firm has run agreed upon procedures over reserves quarterly since June 2018, most recently 103.27% of digital assets and 118.29% of money payable as at 1 July 2026, with the five short assets named and a proof of control test on a wallet the accountant chose
  • Pays 2.1% a year before tax on idle won balances, as the Virtual Asset User Protection Act requires

bitFlyer: strongest points

  • Two separate Japanese registrations, including a Type I financial instruments licence with a published capital adequacy ratio of 412.8% against a 120% statutory floor
  • All 40 listed assets appear on the JFSA's published register, and changing that list requires advance notification to the authorities
  • bitFlyer EUROPE S.A. holds a full MiCA authorisation dated 26 June 2026 and is absent from ESMA's non compliant list

Full detail, licence tables and the evidence behind every number: read the Upbit review and the bitFlyer review. Scores are recomputed daily and this page updates with them.

SCORES ARE COMPUTED BEFORE ANY COMMERCIAL CONVERSATION ยท MONEY BUYS THE SLOT, NEVER THE NUMBER